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  1. Join Date
    Sep 2003
    Posts
    25,038
    #241
    PH economy spent more dollars than it earned in 217 | Inquirer Business

    The Philippines spent significantly more dollars than it made in 2017 resulting in the doubling of hard currency outflows which, according to the central bank, points to an economy that is buying more from abroad as it gears up for stronger growth.

    “The current account deficit stemmed mainly from the widening trade-in-goods deficit that was brought about by increased imports of goods that support domestic capital formation and production,” BSP Assistant Governor Francisco Dakila Jr. said.

    In the fourth quarter of 2017 alone, the current account registered a higher deficit of $3.3 billion due to the widening trade-in-goods deficit with the official explaining that “imports of goods continued to expand in support of the government’s big infrastructure projects that reflect robust domestic economic activity.”

  2. Join Date
    Nov 2005
    Posts
    45,927
    #242
    PSEI may continue testing its 200 dma

    waiting for the Fed (Wed) and BSP (Thu)

  3. Join Date
    Sep 2003
    Posts
    25,038

  4. Join Date
    Nov 2005
    Posts
    45,927
    #244


    Panama too







    --



    China internationalizing its currency

  5. Join Date
    Sep 2003
    Posts
    25,038
    #245
    China eyes to set up industrial park in PH within 2018-2019

    I wonder whose laws/juridiction will apply there?

  6. Join Date
    Feb 2008
    Posts
    12,655
    #246
    Quote Originally Posted by Monseratto View Post
    China eyes to set up industrial park in PH within 2018-2019

    I wonder whose laws/juridiction will apply there?
    Im sure we will hear soon from some smart guys who can see the future....

    Sent from my SM-N950F using Tapatalk

  7. Join Date
    Sep 2003
    Posts
    25,038
    #247
    And it passed 8,100 with ease...

    As of March 20, 2018
    10:24:00 AM
    PSEi
    8,086.37
    DOWN-149.17
    DOWN-1.81%▼

  8. Join Date
    Nov 2010
    Posts
    24,726
    #248
    Tagal na issue ito hindi pa nagagwan paraan.

    I believe federalism will further complicate if not make this altogether harder.

    PH ranked 2nd most unfriendly country to startup businesses >> Manila Bulletin News

  9. Join Date
    Nov 2005
    Posts
    45,927
    #249


    6X oversubcribed

  10. Join Date
    Dec 2017
    Posts
    140
    #250
    Why do corrupt leaders of poor states wanted to get loan from China? Is it good for the country? Or only good for them?

    Access Denied

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Philippine Economy Talk